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Royal Bank of Canada (TSX:RY.PR.C.PFD) Net Cash per Share : C$0.00 (As of Oct. 2024)


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What is Royal Bank of Canada Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Royal Bank of Canada's Net Cash per Share for the quarter that ended in Oct. 2024 was C$0.00.

The historical rank and industry rank for Royal Bank of Canada's Net Cash per Share or its related term are showing as below:

TSX:RY.PR.C.PFD's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 16.04
* Ranked among companies with meaningful Price-to-Net-Cash only.

Royal Bank of Canada Net Cash per Share Historical Data

The historical data trend for Royal Bank of Canada's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Royal Bank of Canada Net Cash per Share Chart

Royal Bank of Canada Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Net Cash per Share
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Royal Bank of Canada Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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Competitive Comparison of Royal Bank of Canada's Net Cash per Share

For the Banks - Diversified subindustry, Royal Bank of Canada's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Royal Bank of Canada's Price-to-Net-Cash Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Royal Bank of Canada's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Royal Bank of Canada's Price-to-Net-Cash falls into.



Royal Bank of Canada Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Royal Bank of Canada's Net Cash per Share for the fiscal year that ended in Oct. 2024 is calculated as

Net Cash per Share (A: Oct. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(122743+44383-2044390-103)/0
=N/A

Royal Bank of Canada's Net Cash per Share for the quarter that ended in Oct. 2024 is calculated as

Net Cash per Share (Q: Oct. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(122743+44383-2044390-103)/0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Royal Bank of Canada  (TSX:RY.PR.C.PFD) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Royal Bank of Canada Net Cash per Share Related Terms

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Royal Bank of Canada Business Description

Address
1 Place Ville Marie, Corporate Secretary\'s Department, Montreal, QC, CAN, H3B 3A9
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the US and other countries.

Royal Bank of Canada Headlines

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